Here are some of my comments on the members board that may inform people about how I trade:
Posted September 7, 2007 at 9:57 am | Permalink (Edit)
if you do it well, thereâ€™s a lot more â€œfundamentalsâ€ than people think. TA shows you collectively what most traders are doing, especially traders with â€œpriviledgedâ€ information. Often waiting to read information and establish fundamentals can cause delays. This is why charts lead the news a lot of times. I think itâ€™s best to be versatile and open to both fundamentals and TA.
Posted September 7, 2007 at 10:01 am | Permalink (Edit)
No trades here are â€œrecommendedâ€. Iâ€™m just opening up part of my trade book for people to see. And, some parts, I keep for myself. I do make publishing decisions based on the risk and market conditions. Also, how many published open positions I have. So, people who â€œchooseâ€ to follow the published trades donâ€™t get overwhelmed.
Posted September 7, 2007 at 10:14 am | Permalink (Edit)
for the new people and people who have been here but havenâ€™t noticed
Iâ€™m very conscientious of the trades that I publish. My goal is to make members lots of money because that has a better karmic percussion. They said that if you wish and try to do good to others, more good will likely come back to you!
Your subscription site keeps telling me I have an invalid e-mail
enter a good e-mail address. This is the only e-mail address I have
Sorry for the inconvenience. We’ve run into problems like that with some of our readers. It seems like some people have security software that blocks FeedBurner’s system from getting a valid IP address for their computer(s).
Please send us an email through “Contact“, let us know the email address you’d like to use for the subscription, and, we’ll sign you up. Please remember to make the confirmation through once you get an email from FeedBurner.
I was looking at the â€œHappy Tradesâ€ list of your trades. I am wondering if you would call yourself more of a directional trader? I donâ€™t see things that look like the more complex options strategies that Phil and Options Sage talk about. Do you base your trades mostly on technical analysis and what would you estimate the average length of time you hold a trade open?
I donâ€™t really lable myself as any specific type of trader, besides that I do specialize in technical analysis. If you notice on the top of the â€œHappy Trades!!â€, it is specified that this section is to list â€œsomeâ€ of the â€œsimplerâ€ trades. There are many different ways to make money with options, of course. And, we are trying to come up with different types of trades so that everyone can find something to participate in and profit from.
I do check my trades with the charts, but, they are not the only reasons for making the trades. Iâ€™m not quite sure what the â€œaverage lengthâ€ that the trades are held open, but, I suspect that many of these simpler trades are open for only a few days.
Glad that you asked these questions. It gives me a chance to clarify things that may perhaps be unclear to new readers. Thank you! There are also other new â€œfeaturesâ€ that Iâ€™m planning for Wangâ€™s World. So, stay tuned! =)